The Chinese authorities have recently issued a comprehensive draft of rules and regulations to reduce online expenditure and in-game rewards in video games. These impending regulations would prohibit online games from offering incentives to players based on their consecutive logins, first-time purchases, or recurring payments – standard practices typically deployed in online gaming scenarios. The […]

Palantir Technologies Inc. (PLTR), a leading data analytics company, last week announced a one-year extension of its partnership with the U.S. Army’s Program Executive Office for Enterprise Information Systems (PEO EIS) to continue powering the Army Vantage data-driven operations and decision-making platform. The value of the contract, inclusive of options, is $155.04 million, with $97.35 million awarded […]

Airbnb, Inc. (ABNB) CEO and Chairman Brian Chesky sold 84,144 shares on December 5. The shares were sold at prices ranging from $132.89 to $135.68, for a total value of nearly $11.31 million. Following the sale, the CEO now owns 15.9 million shares of ABNB. The transaction was disclosed in a legal filing with the SEC. Also, Brian Chesky […]

The Kroger Co. (KR), a leading food and drug retailer, seeks to close its $24.60 billion deal to acquire Albertsons Companies. As previously reported, Kroger and Albertsons entered a definitive agreement to merge in October last year, aiming to expand customer reach and enhance proximity to deliver fresh and affordable food to nearly 85 million households with […]

The software industry is bolstered by dynamic trends, including substantial market growth, increased reliance on cloud-based solutions, and a transformative impact of the pandemic on digital ecosystems. Therefore, investors could consider investing in quality software stocks: Microsoft Corporation (MSFT – Get Rating), Docebo Inc. (DCBO – Get Rating), and Kaltura, Inc. (KLTR – Get Rating) for end-of-year success. The surge in […]